oil reserve
Underground crude storage
An oil reserve is a known underground deposit of petroleum that can be extracted profitably with current technology.
Countries and companies measure reserves to assess energy security and asset value: Saudi Arabia holds the world's largest proven oil reserves.
The term often appears in plural: tapping into strategic reserves, estimates of remaining reserves.
Reserve implies the oil is being held or saved, distinguishing it from oil that's actively being pumped.
- crudeUnpolished, raw state
- barrelHooped cylindrical vessel
- drillingHole-making by rotation
- OPECPetroleum exporters' coalition
- stockpileAccumulated reserve supply
strategic · underground · extraction · refinery · fossil · tanker · pipeline · wellhead · deposit · field · shale · offshore · gusher · black gold · embargo · energy security · geopolitics · Saudi
- natural resourceslumber, water, gas, air, clean water
- reservessurplus funds, nature preserve, wildlife refuge, emergency fund, rainy day fund
- oil industrycrude, drilling, drilling rig, refineries, refining
- strategic reservesvaccine stockpile, emergency supplies, seed bank, blood bank, military supplies
- fossil fuelsnatural gas, coal, anthracite, lignite, peat
- energy systemspower plant, electricity, power grid, generators, solar power
oil reservedry well
Excavation finding no water
oil shortage · peak oil · resource depletion · empty reservoir
oil reserveclean energy
Power from sustainable sources
sustainable energy · renewable energy · solar farm · solar power · wind farm
oil reserveoil refinery
Petroleum processing facility
oil consumption · gas station · petrochemical plant · gasoline
oil, reserve, oils, oiled, oiling, oily, oiliness, reserves, reserved